1. Home
  2. Browse Decisions
  3. Cal.App.4th
  4. 227 Cal.App.4th
  5. 227 Cal.App.4th 344 (2014)
 

OCEAN AVENUE LLC v. COUNTY OF LOS ANGELES

No. B246499.

227 Cal.App.4th 344 (2014)

173 Cal. Rptr. 3d 445

OCEAN AVENUE LLC, Plaintiff and Respondent, v. COUNTY OF LOS ANGELES, Defendant and Appellant.

Court of Appeals of California, Second District, Division Two.

As modified June 24, 2014.

Attorney(s) appearing for the Case

John F. Krattli , County Counsel, and Albert Ramseyer , Principal Deputy County Counsel, for Defendant and Appellant.

Ajalat, Polley, Ayoob & Matarese, Christopher J. Matarese , Richard J. Ayoob and Gregory R. Broege for Plaintiff and Respondent.

OPINION

ASHMANN-GERST, J. —

Raised herein is the following tax issue: Is there a Proposition 13 change in ownership of property held by a limited liability company when all of its membership interests are sold but no one person or entity obtains, directly or indirectly, more than a 50 percent interest in the capital and profits? The answer is no. Accordingly, the trial court properly concluded...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases